MENA: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in MENA

The MENA's tungsten halogen lamp market was finally on the rise to reach $X in 2021, after four years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in MENA

In value terms, tungsten halogen lamp production rose markedly to $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.9% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 29%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

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Tungsten Halogen Lamp Exports

Exports in MENA

In 2021, after three years of decline, there was significant growth in overseas shipments of tungsten halogen lamps, when their volume increased by 83% to X units. Overall, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a noticeable setback. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Morocco was the main exporting country with an export of around X units, which accounted for 47% of total exports. Turkey (X units) took a 28% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (19%). Israel (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Israel (with a CAGR of +37.9%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X), Morocco ($X) and Israel ($X) were the countries with the highest levels of exports in 2021, with a combined 81% share of total exports.

Among the main exporting countries, Israel, with a CAGR of +40.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, which is down by -22.9% against the previous year. Export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 59% against the previous year. The level of export peaked at $X per unit in 2020, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.4%), while the other leaders experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports in MENA

In 2021, supplies from abroad of tungsten halogen lamps was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, saw a drastic downturn. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, tungsten halogen lamp imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) and Turkey (X units) were the key importers of tungsten halogen lamps in MENA, together constituting 52% of total imports. Iran (X units) ranks next in terms of the total imports with an 11% share, followed by Iraq (7.4%) and Tunisia (5.3%). Israel (X units), Algeria (X units), Libya (X units), Morocco (X units), Palestine (X units) and Kuwait (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of +14.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tungsten halogen lamp importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), together comprising 61% of total imports. Israel, Iraq, Morocco, Palestine, Algeria, Libya, Tunisia and Kuwait lagged somewhat behind, together comprising a further 27%.

Iraq, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, with an increase of 6.7% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2019 an increase of 39%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Palestine ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+19.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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